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News on Medial
Will Elon Musk attend Vibrant Gujarat? Here's what GDIC MD Rahul Gupta said
Livemint
·
1y ago
Medial
Tesla CEO Elon Musk will not be attending the Vibrant Gujarat Global Summit, but officials from the state have expressed a keen interest in having Tesla invest in Gujarat. The state already houses several electric vehicle manufacturers, and its industrial landscape and infrastructure make it an attractive destination for companies like Tesla. While Musk's attendance at the event was not expected, discussions between him and Prime Minister Narendra Modi during the latter's visit to the US focused on strengthening Tesla's investment and manufacturing partnership in India.
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Parag Agrawal was not 'fire-breathing dragon' that X required: Elon Musk
Livemint
·
1y ago
Medial
With over a year later, after Elon Musk took over the social media platform X(formerly Twitter), Walter Isaacson who wrote the biography "ELon Musk" and will be published on 12 September has given a detailed account on why Elon Musk sacked Parag Agrawal, the then Twitter CEO.In an excerpt carried out by The Wall Street Journal , Musk who had a meeting with Parag Agrawal said he was a "really nice guy." "What Twitter needs is a fire-breathing dragon," Elon Musk said after that meeting, as per biographer Isaacson. "And Parag is not that." Elon Musk met Parag Agrawalover a dinner in March 2022, according to the biographer.
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Gujarat govt 'very hopeful' of Tesla setting up plant in state, says minister
Economic Times
·
1y ago
Medial
The Gujarat government expresses optimism that Tesla will choose the state as its location for setting up a manufacturing plant. Communication between the state government and the electric vehicle maker is ongoing, and an official announcement is expected soon. This follows a meeting between Tesla CEO Elon Musk and Indian Prime Minister Narendra Modi. Gujarat is keen on providing necessary support to Tesla, similarly to what was provided to Tata, Ford, and Suzuki in the past. Additionally, Commerce and Industry Minister Piyush Goyal reveals Tesla's plan to source components worth $1.9 billion from India this year.
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Perplexity's Indian CEO says 'I must get green card', Musk agrees
Inshorts
·
7m ago
Medial
US-based Perplexity AI's Indian-origin CEO Aravind Srinivas posted on X saying, "I think I should get a green card" in the US and asked users what they think about it. Replying to Srinivas' post, X CEO Elon Musk said, "Yes." Srinivas had said in October that he has been waiting for his green card for three years.
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Elon Musk expected to attend global AI summit in UK
Economic Times
·
1y ago
Medial
Billionaire entrepreneur Elon Musk is expected to attend a global summit on artificial intelligence in Britain this week. The summit aims to bring together representatives of AI companies, political leaders, and experts to discuss the risks and safe development of AI. While the full guest list has not been made public, several world leaders including U.S. Vice President Kamala Harris and President of the European Commission Ursula von der Leyen are due to attend. British Prime Minister Rishi Sunak mentioned his conversation with Musk about the AI Safety Summit on Musk's social media platform X.
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Indians abroad are going through FOMO: Zerodha Co-founder Nikhil Kamath
CNBC
·
1y ago
Medial
Speaking at the Vibrant Gujarat Global Summit 2024 on Wednesday, Zerodha Co-founder Nikhil Kamath said India has "arrived." He said Indians in the West are going through "FOMO- the fear of missing out". "To all the foreign investors here- India is seemingly looking like the coolest party in town...If you arrive too late, you might not get in," he added.
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Competing with Elon Musk no easy matter: Uber CEO Khosrowshahi
Inshorts
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9m ago
Medial
Uber CEO Dara Khosrowshahi said competing with Tesla CEO Elon Musk "is no easy matter" and his company would love to partner with Tesla on robotaxis. "We'd love to have it on the platform, but if not, I don't think this is going to be a winner-take-all marketplace," he stated. "We'll see what Tesla does," he added.
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US judge orders Elon Musk to testify in SEC's Twitter probe
Economic Times
·
1y ago
Medial
A federal judge has ordered Elon Musk to testify in the U.S. Securities and Exchange Commission's investigation into his acquisition of Twitter. The judge's order came after Musk refused to attend an interview as part of the probe. The SEC is examining whether Musk followed the law when filing paperwork for the Twitter takeover and if his statements about the deal were misleading. If both parties cannot agree on a date and time for the interview, the judge will decide. This is the latest in the ongoing friction between Musk and the SEC.
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Here's what Uday Kotak will be doing after retirement
Livemint
·
1y ago
Medial
Uday Kotak has stepped down as the Managing Director and CEO of Kotak Mahindra Bank with immediate effect. However, he will continue as a non-executive director until his term ends on December 31, 2023. In a handwritten letter, Kotak mentioned his personal and family commitments in the coming months and the need for a smooth transition. The bank awaits RBI approval for his proposed successor, while Dipak Gupta, the Joint Managing Director, will temporarily take over as MD & CEO, subject to approvals.
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Had told Musk 'Don't build SpaceX', he now makes fun of me: Diamandis
Inshorts
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9m ago
Medial
Entrepreneur Peter Diamandis said he had advised Elon Musk against setting up a rocket company in 2000. "I was pitching Elon on funding XPRIZE and he said 'No I will do the rocket company'...I showed him all the videos of rocket blowing up and told him to put the money in XPRIZE," he said. Musk had founded SpaceX in 2002.
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US SEC criticises Elon Musk for missing trial to attend SpaceX rocket launch, plans sanctions | Mint
Livemint
·
10m ago
Medial
Elon Musk missed a trial hearing over the 2022 Twitter acquisition to attend a SpaceX rocket launch, according to a filing in the San Francisco Federal Court. Musk's lawyer informed the court that he was at the Cape Canaveral launch site in Florida. The United States Securities and Exchange Commission (SEC) plans to seek sanctions against Musk for his "gamesmanship" and delays, as he only informed the court three hours before the hearing of his absence. The SEC probe against Musk pertains to his purchases of Twitter stock and statements about his investments.
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